Development Opportunity - 2442 sqm (approx.)

63 Balwyn Road, Balwyn, 3103

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Contact for PriceFor Sale
  • Ownership Type Unitblock
  • Property Area 2,442 sqft
  • Bedrooms 12
  • Bathrooms 6
  • Furnished No
  • Last Updated 12th Jul, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 8

Property Overview

An incredibly rare opportunity, the Chorley Wood apartment block rests on a flat allotment of prime Balwyn real estate measuring 30.3m X 80.6m (approx.) with no Heritage restriction.<br/><br/>All six of the existing two bedroom apartments are now offered together, with a combined rental return of $80,000 per annum approx. providing a solid income while finalising future plans.<br/><br/>Perfectly sited, it provides an exciting range of potential redevelopment options (STCA) for your consideration.<br/><br/>Only metres to Fintona Girls, Balwyn Primary, shops, cafes, restaurants, services, parks and tram, walk to the train and Maling Road Village, with easy access to many more private schools.

Location on Google Map

63 Balwyn Road, Balwyn, 3103

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